What is the amount of zakat due on shares in Technical and Industrial Inspection, the Islamic Bank, and Fuel, along with a cash sum estimated at fifty thousand Saudi Riyals, while having debts exceeding two hundred and fifty thousand Saudi Riyals, a car loan, and a construction loan?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Previous fatwas regarding on shares should be reviewed. The amount of money in the bank is added to the wealth subject to zakat, and all of it is zakated collectively. As for debts, previous fatwas concerning them should be reviewed. Zakat is obligatory for whoever's share reaches the (85 grams of gold), or whoever owns what completes their nisab.
Summarized from the full answer at Ftawy · imported
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- 52829
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